The rise in popularity of Ethereum layer 2 scaling protocols has been clearly evident over the past month or so and one consequence of this is the amount of gas they are consuming.Read more
Dune Analytics, a decentralized finance (DeFi) analytics service, has voiced its opposition to a Uniswap (UNI) governance vote for “Community-Enabled Analytics” that would see fellow analytics provider Flipside Crypto managing about $25 million worth of UNI tokens.Read more
Decentralized exchanges (DEX) have continued to gain appeal among market participants within the cryptocurrency industry. This growing attention has led to rapid trading volume growth.Read more
Data from Dune Analytic shows that trading volume on decentralized exchanges (DEX) surpassed $11 billion in August.
Compared to July’s $4.4 billion, the approximately $11.24 billion in August trading volume is a 152% uptick month-over-month.Read more
The meteoric growth in the trading activity for decentralized exchanges (DEX) is not slowing down as the total volume for July exceeds $4 billion.
Monthly DEX volumes have been on a tear since the start of 2020 with increasing returns seen in the last three consecutive months.
There has been a huge gain in YFI price puts
YFI distribution has stalled as the community votes on its future
Yearn.fiance founder Conje maintains that he’s committed to the protocol
The YFI token finds itself in the spotlight after a meteoric 10,000% rise fueled by the DeFi craze.Read more